§ 31-3-202 — Consequences of determination

(1) After such determination, all
existing streets, avenues, and alleys previously located within an abandoned town
shall be vested in the board of county commissioners of the county in which said
town was located. The board of county commissioners may thereafter vacate any
such streets, avenues, or alleys pursuant to part 3 of article 2 of title 43, C.R.S.

(2) Notwithstanding the provisions of section 31-3-201, any debt or other
obligations of such town outstanding at the time of such determination of
abandonment shall not be abrogated, nor shall any requirement be abrogated or
avoided that has been imposed upon such town by the environmental protection
agency, by any court, or by any other instrumentality of the state or federal
government. The town shall continue in existence solely for the purpose of
satisfying such outstanding debt or other obligations or other requirements, and
the powers and duties of the governing body of the town and its officers shall be
performed by the board of county commissioners and the county officers in such
levy and collection of taxes or the imposition and collection of such fees, rates, and
charges as may be required to satisfy the outstanding debt or other obligations or
other requirements in accordance with their terms.

(3) Except as to streets, avenues, alleys, or reversionary interests, the right,
title, and interest to all real property and the improvements thereon owned by any
such town shall be vested in the county in which such property is situate, subject to
any easements or rights-of-way then in use.

Legislative History

Source: L. 75: Entire title R&RE, p. 1023, � 1, effective July 1.